4 bedroom detached bungalow for sale

£430,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

This stunning and deceptively large four bedroomed detached bungalow sits in substantial and well-manicured gardens in the semi-rural area of Askern. The property benefits from its own solar panels, which reduce energy bills and provide a small income and a ground source heating system which provides a house that is extremely energy efficient.

Briefly comprising of a large multifunctional sun room, a well-appointed modern kitchen, large family lounge, three double bedrooms, a family bathroom and a large hallway on the ground floor. Located on the first floor is the master suite with a double bedroom, storage and a stunning shower room.
Outside, the property sits in a substantial south facing plot in the corner of a quiet cul-de-sac with an adjoining
building plot with full planning permission for a two bedroom new build. Please call the office for more information

An adjoining building plot with full planning permission for a super stylish 2 bedroom barn style property

SUNROOM 9 2" x 30 7" (2.79m x 9.32m) A large multifunctional room with fantastic views over the substantial family gardens.

LOUNGE 11 11" x 18 4" (3.63m x 5.59m) A generously proportioned lounge with a window overlooking the front garden. Double doors open into the sun room.

KITCHEN 11 9" x 11 10" (3.60m x 3.61m) Opening into the sun room the kitchen is appointed with a range of modern white wall and base units complemented with quartz worktops. Also benefits from an extractor fan, attractive range cooker and an American style fridge/freezer.

MASTER BEDROOM 11 6" x 12 7" (3.51m x 3.84m) Located on the first floor, the master bedroom with built in storage has stunning views over the well-manicured gardens. There is plenty of additional storage.

SHOWER ROOM 4 7" x 9 2" (1.4m x 2.79m) A first floor shower room with a large walk-in shower, wash basin and WC

BEDROOM 8 10" x 8 11" (2.69m x 2.72m) A double bedroom on the ground floor.

BEDROOM 8 11" x 12 0" (2.74m x 3.66m) A double bedroom on the ground floor.

BEDROOM 8 11" x 8 11" (2.74m x 2.72m) A double bedroom currently being used as an office.

BATHROOM 6 11" x 8 4" (2.11m x 2.54m) An attractive family bathroom with a three piece white bathroom suite and a separate walk in shower.

OUTSIDE SPACE The property is surrounded by well manicured lawns, there is off road parking benefitting from an EV charger and a pond. The bungalow is also surrounded on two sides with wood decking. You will gain privacy from the mature shrubs that surround the property boundary.

Agents are required by law to conduct anti-money laundering checks on all those buying a property. We outsource the initial checks to a partner supplier Coadjute who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is 54 inc vat This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy

Map location is not available for this property.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 357450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 10750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 34950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

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  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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